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Derivatives

Deutsche Bank Adds Weather Salesman...

Deutsche Bank has hired Andy Pitts-Tucker, salesman at futures and options broker Cargill Investor Services, in a similar position on its weather derivatives desk in London. He starts later this month and will report to David Pearse, head of the weather derivatives business in London, who declined to comment.

Pearse joined Deutsche Bank from Cargill about a year ago. Pitts-Tucker had been with Cargill since 1994 and reported to Giovanni Cameran, according to Tim Burns, a spokesman at Cargill in Cobham, U.K. He declined to comment further.

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